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Stocks slide as worries about inflation revive: Stock market news today

Jennifer DuBois -
Stocks fell on Wall Street on Wednesday, on track for another losing day as lingering concerns about inflation spurred doubts the Federal Reserve...
Business

Disney and Comcast move up Hulu deal date to September 30

Jennifer DuBois -
Comcast (CMCSA) and Disney's (DIS) dance on the ownership of streaming service Hulu will come to a close this month.September 30 is now...
Business

Britain Admits Defeat in Controversial Fight to Break Encryption

Jennifer DuBois -
Tech companies and privacy activists are claiming victory after an eleventh-hour concession by the British government in a long-running battle over end-to-end encryption.The...
Business

AMC stock sinks after company announces plans to sell up to 40 million shares

Jennifer DuBois -
AMC (AMC) Entertainment stock tanked more than 20% on Wednesday morning after the cinema chain announced plans to sell up to 40 million...
Business

Roku stock soars after company reveals more layoffs, boosts Q3 guidance

Jennifer DuBois -
Roku stock (ROKU) soared as much as 14% in early trading on Wednesday after the company revealed a slew of cost-cutting measures including...
Business

Ukraine Drone Supplier Goes Vertical On Upgrade, Q1 Beat

Jennifer DuBois -
Drone and robotics maker AeroVironment (AVAV) flew past estimates for its Q1 results late Tuesday. AeroVironment stock soared early Wednesday after receiving an...
Business

Airline Investors Have a New Fear. The Stocks Are Falling.

Jennifer DuBois -
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Business

Roku to cut about 10% of its workforce as it ups quarter sales expectations and shares soar, again

Jennifer DuBois -
Roku is cutting about 10% of its workforce, or 360 people, and it will limit new hiring as it cuts costs to stem...
Business

Nvidia’s Not The Only AI Game In Town

Jennifer DuBois -
AI stock ServiceNow (NOW) is in the closely watched group of artificial intelligence stocks and holds a spot on the IBD Breakout Stocks...
Business

Futures Fall, But Tech Titan Eyes Buy Signal

Jennifer DuBois -
Dow Jones futures fell slightly early Wednesday, along with S&P 500 futures and Nasdaq futures. Roku and GitLab were early winners, while Meta...
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